Throwing US centric facts. 10,000 boomers retire every day. 1.8 million people 55+ die every year. A healthy economy makes anywhere between 150,000 and 250,000 jobs per month. There is no labor shortage, only a shortage of people willing to work jobs below a living wage, due to millions of people who left the labor force, either through retirement or death, during the pandemic.

https://fred.stlouisfed.org/series/CIVPART

https://fred.stlouisfed.org/series/UNRATE

https://www.axios.com/2022/12/16/the-missing-workers-who-are...

https://seekingalpha.com/article/4531829-older-workers-propp...